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Iraq Investment


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Basra has elements that make it a destination for investment.. A statement by a government official

Economie07:25 - 06/08/2021

 
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Baghdad - Mawazine News
, the head of the National Investment Commission, Suha Daoud Al-Najjar, revealed, on Friday, that Basra Governorate possesses elements that make it an investment destination.
Al-Najjar said during a press conference followed by / Mawazine News /, that "Basra governorate has economic components that make it a destination for investors, as it is characterized by a strategic location, mineral wealth and great human energy, which makes it a fertile land for investment, in addition to the market's need for investment projects and in various sectors."
She added, "Projects that specialize in the petrochemical industry contribute to the employment of manpower in the city and supply the Basra market in particular and the Iraqi local market in general with industrial products with standard specifications."
She referred to the position of the National Investment Commission, which supports technically and administratively all investment commissions in the governorates to encourage investment in them.

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Basra launches an international investment conference.. And the governor: We target $100 billion in flows

Basra launches an international investment conference.. And the governor: We target $100 billion in flows
Part of the International Investment Conference in Basra
 

Mubasher: The International Investment Conference kicked off in Basra, Iraq, in the presence of Governor Asaad Al-Eidani and President of the National Investment Commission Suha Al-Najjar, and with the participation of a number of investment companies.

 

Today, Saturday, Asaad Al-Eidani confirmed that the local government aspires to reach $100 billion to invest in Basra, according to the Anatolia news agency.

He pointed out, 'Li that "Basra is ready for investment projects, and that the province will provide the appropriate environment for all investors in Basra."

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 Reconstruction and building


Economy News _ Baghdad

Basra Governor Asaad Al-Eidani confirmed, on Saturday, that the local government aspires to reach $100 billion for investment in Basra.

Al-Eidani said in his speech during the activities of the International Investment Conference in Basra: "The local government encourages the investment side by the private sector, and it aspires to reach $100 billion to invest in Basra," stressing "support for all investments in the province."

He pointed out that "Basra is ready for investment projects, and that the province will provide the appropriate environment for all investors in Basra."

The activities of the International Investment Conference were launched in Basra Governorate, in the presence of Basra Governor Asaad Al-Eidani and President of the National Investment Commission Suha Al-Najjar, with the participation of a number of investment companies.

 
 
Views 87   Date added 07/08/2021
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  •  Time: 08/07/2021 11:16:53
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Investment Authority: 10 billion dollars, the volume of investments in Basra
  
{Economic: Al Furat News} The International Investment Conference started today, Saturday, in Basra, amid official attendance, and optimism for the growth of investment in the province.

The head of the Investment Authority, Suha Al-Najjar, said during the conference activities, that "the volume of investments in Basra amounted to 10 billion dollars," noting that "Basra's projects are the highest achievement among the provinces."

Al-Najjar indicated that "all investments in Iraq are profitable... and investment projects in Basra are heading towards expansion, and most of them are non-oil."

For his part, Basra Governor Asaad Al-Eidani said during the conference that "Basra aspires to reach $100 billion for investment in the province."

He added, "We support all investments in the province," noting that "Basra is ready for investment projects."

Al-Eidani promised to provide "the appropriate environment for all investors."

Mohamed

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The Federation of Businessmen in Basra criticizes the first international investment conference..and reveals its request to Al-Kazemi
  
{Economic: Al Furat News} The Federation of Businessmen in Basra criticized, on Saturday, the holding of the first international conference in the province, describing the Investment Authority as "the environment that repels the private sector."
 

The head of the union, Sobeih al-Hashemi told Al-Furat News: "The province did not invite us to attend the investment conference in Basra, so how will it encourage foreign companies to invest in the province?"
He added, "The Investment Authority is a repulsive environment for investment because of the quotas, and we called on Prime Minister Mustafa Al-Kazemi in a meeting that the Investment Authority be outside the quota and assign its leadership to the private sector for the purpose of creating an attractive environment for local and foreign companies." 
Al-Hashemi continued, "It is assumed that there will be calls for the local investor, the Iraqi investment heads outside the country," calling for "the necessity of actual practical steps to invest in Basra and not in letters."
He stressed, "Proposals and solutions for investment have been submitted to the Governor of Basra, the House of Representatives and the Parliamentary Economic Committee, and they have not done so until now."
This morning, the activities of the first international investment conference were launched in Basra, in the presence of Basra Governor Asaad Al-Eidani and President of the National Investment Commission Suha Al-Najjar, with the participation of a number of investment companies.
Al-Najjar called on all provinces to activate industry and investment, indicating: "Iraq had a strong industry even in light of the economic blockade during the era of the previous regime." 
Al-Eidani stressed the importance of investment in the province to advance its economic reality, and that it is possible to reach $100 billion in investment over the next five years.
And he aspires to the participation of investors from the province and other Iraqi provinces and neighboring countries to participate in various projects, and also aspires to create a safe and good investment environment, and remove obstacles facing investment in the province.

 

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 Baghdad: Nassar al-Hajj
 
Yesterday, Wednesday, the National Investment Commission announced its projects to reduce the population momentum in Baghdad, noting the establishment of 11 residential cities. 
The head of the National Investment Commission, Suha Al-Najjar, told “NAA” that “the problem of large population expansion is one of the most prominent problems facing the capital, Baghdad, for several years, which began after the migration of residents of the provinces to Baghdad, in search of job opportunities, and this was accompanied by an expansion in the areas allocated to the sector. housing, which requires the provision of services and infrastructure,” noting that “the circumstances that the country has experienced have prevented the completion of projects that provide services.” Al-Najjar added that "there are a number of projects that continue to be completed and that have been withdrawn outside the boundaries of the Municipality of Baghdad in order to reduce the momentum in Baghdad, such as the Basmaya project and other future projects that are being worked on, most notably the Rafael city project, which consists of 106,000 acres and its location will be in the lands surrounding Baghdad International Airport." ".
She explained that "the rise in the prices of housing units is one of the most prominent reasons for the lack of supply and the increase in demand," noting that "the authority is working to reduce the rise of housing units through the establishment of 11 residential cities in Baghdad and the provinces, as approvals were obtained and the preparation of them began as investment files for the residential sector and with areas different."
And she added, "These projects will contribute to absorbing unemployment and moving the wheel of the economy in the region, as well as easing the population momentum in Baghdad and other regions," noting that "the investment sector is of great economic importance, especially as it plays a role in the formation of stable capital, especially since many of the Sectoral countries resort to maximizing their resources by relying on it.
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Al-Najjar reveals a reason that hinders investment in Iraq

Economie12:12 - 13/08/2021

 
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Baghdad - Mawazine News

The head of the Investment Authority, Suha Al-Najjar, revealed today, Thursday, a reason that hinders investment in Iraq.
Al-Najjar said in a statement to Al-Iraqiya News, "The Investment Authority is stressing today on granting the investment license, but one of the most important problems we face is the absence of the real investor."
She pointed out that "the first stages of the Rafael project do not approach the lands of citizens," noting that "the commission will grant Rafael projects to the serious investor and prefer the Iraqi investor."
And regarding the Besmaya project, she explained: "We are in a state of negotiation with the Korean company in Besmaya," stressing "the authority's desire to continue the
Korean in Besmaya." Ended 29/ A87

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The encourages investment in the housing sector and provides real estate loans to help Iraqis obtain decent housing. Watch this video about an integrated residential complex in the capital, Baghdad, that provides all educational and entertainment services #InvestIraq
 
 
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تشجع الحكومة العراقية الاستثمار في قطاع الإسكان وتوفر القروض العقارية لمساعدة العراقيين الحصول على سكن كريم، شاهد هذا الفيديو حول مجمع سكني متكامل في العاصمة بغداد، يوفر كافة الخدمات التعليمية والترفيهية بالإضافة الى مساحات خضراء. #InvestIraq
 
 
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  • 2 weeks later...

Prime Minister Mustafa Al-Kazemi inspects the Dora-Youssoufia Expressway Project
50,780 viewsAug 11, 2021

 


Prime Minister's Media Office
 

The Media Office of the Prime Minister, Prime Minister Mustafa Al-Kazemi inspects the Dora-Youssoufia highway project for express traffic 

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  • 4 weeks later...
 
 2021-09-21 08:10
 

Shafaq News/ A government source revealed, on Tuesday, new details after opening the registration door for apartments in Basmaya complex near the capital, Baghdad.

A document was issued yesterday, Monday, by the National Investment Authority, in which it announced the opening of registration for citizens on Basmaya apartments, with 3,000 apartments distributed over 1,000 apartments for each of Al-Rafidain Bank, Al-Rasheed and Al-Iraqi Bank for Trade.

The document indicated that the apartments will be delivered at the end of 2023.

In this regard, a government source said in an interview with Shafaq News Agency, "The National Investment Authority met with the three government banks to set up the distribution mechanism according to the monthly installment used previously," noting that "the application for apartments during the last period was stopped due to the lack of these apartments."

He added, "The prices of the apartments will be according to the previous mechanism, where the price of an apartment of 100 square meters is 75 million dinars. 10% of the amount is paid in advance, and the rest is paid in installments for 25 years at a rate of 335 thousand dinars per month, and the area of 120 square meters will be priced at 90 million dinars. Pay 10% in advance and also in installments for 25 years at 402 thousand dinars per month, while the price of an area of 140 square meters is 105 million dinars, and 10% of the apartment price is paid for a period of 25 years at 469 thousand dinars.

The source indicated that "registration for Basmaya apartments will be opened during the coming period once the construction of new apartments is completed and received from the Korean side."

The city of Bismayah is located to the southeast of the city of Baghdad and is about 10 km from the borders of the city of Baghdad on the road linking Baghdad - Kut.

On September 25, 2011, the authority opened the door for registration and through its website on these housing units, after it indicated that the priority of registration will be for employees, then retirees, and then citizens, and this came after the Investment Authority contracted with the Korean Hanoi Company to establish 100,000 housing units. In Basmaya residential complex.

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13 hours ago, yota691 said:
 
 2021-09-21 08:10
 

Shafaq News/ A government source revealed, on Tuesday, new details after opening the registration door for apartments in Basmaya complex near the capital, Baghdad.

A document was issued yesterday, Monday, by the National Investment Authority, in which it announced the opening of registration for citizens on Basmaya apartments, with 3,000 apartments distributed over 1,000 apartments for each of Al-Rafidain Bank, Al-Rasheed and Al-Iraqi Bank for Trade.

The document indicated that the apartments will be delivered at the end of 2023.

In this regard, a government source said in an interview with Shafaq News Agency, "The National Investment Authority met with the three government banks to set up the distribution mechanism according to the monthly installment used previously," noting that "the application for apartments during the last period was stopped due to the lack of these apartments."

He added, "The prices of the apartments will be according to the previous mechanism, where the price of an apartment of 100 square meters is 75 million dinars. 10% of the amount is paid in advance, and the rest is paid in installments for 25 years at a rate of 335 thousand dinars per month, and the area of 120 square meters will be priced at 90 million dinars. Pay 10% in advance and also in installments for 25 years at 402 thousand dinars per month, while the price of an area of 140 square meters is 105 million dinars, and 10% of the apartment price is paid for a period of 25 years at 469 thousand dinars.

The source indicated that "registration for Basmaya apartments will be opened during the coming period once the construction of new apartments is completed and received from the Korean side."

The city of Bismayah is located to the southeast of the city of Baghdad and is about 10 km from the borders of the city of Baghdad on the road linking Baghdad - Kut.

On September 25, 2011, the authority opened the door for registration and through its website on these housing units, after it indicated that the priority of registration will be for employees, then retirees, and then citizens, and this came after the Investment Authority contracted with the Korean Hanoi Company to establish 100,000 housing units. In Basmaya residential complex.

so loans with installments.....here comes RV

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